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A whale has borrowed coins to short 5,000 ETH, worth $15.66 million
BlockBeats News, December 5th, according to EmberCN monitoring, a whale address borrowed and shorted 5,000 ETH ($15.66 million) in the past 2 hours.
This address borrowed 5,000 ETH ($15.66 million) from Aave 2 hours ago, then transferred 4,000 ETH ($12.49 million) to Binance and 1,044 ETH ($3.26 million) to Bybit.
After the ETH was sent to a centralized exchange (CEX), 40 minutes ago, 12.45 million USDT was withdrawn from Binance, equivalent to the value of the 4,000 ETH transferred to Binance, indicating a highly probable sell-off according to analysis.
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